Concerns Over Price Fluctuations Arise Following Binance's Decision to Delist Major Cryptocurrencies

Quick Summary:

In a move that has sent ripples through the cryptocurrency market, Binance, the world’s leading crypto exchange, has announced the delisting of several crypto trading pairs from its platform. The decision, which affects trading pairs involving popular cryptocurrencies such as KNC, ICX, XTZ, ROSE, and APE, has raised concerns among investors about the potential impact on prices and market sentiment.

On the other hand, the APE price advanced 5.89% to $1.29, with its trading volume soaring over 6% to $46.2 million.

As such, market participants are urged to stay informed, monitor developments closely, and exercise caution when managing their portfolios.

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Article Details

Author / Journalist: Rupam Roy

Category: Crypto

Markets: India

Topics: Binance 24/7 Cryptocurrency News Tezos Oasis ApeCoin (APE)

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-05-10 @ 19:23:51 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 385 words

Reading Time: 3 minutes read

Sentences: 33 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 20930109

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 45 posts per day

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News Last Updated: 8 hours ago

Coverage Areas: India

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